Category: Market Activity

Real Estate Market Statistics for Lake Oswego, Oregon

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Market Activity Sept 30-Oct 6, 2013

Last week was extremely balanced with near equal numbers in all categories: 15 new listings, 15 pending sales, and 19 closed sales.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Sept 30-Oct 6, 2013):

Address Type Price BR Bths SF
4000 Carman Dr #79 Condo $135,000 2 2 993
4 Touchstone #62 Condo $159,500 3 2.5 1351
5054 Foothills Dr C Condo $239,000 3 2 1252
19113 Terry Ave Detached $359,900 4 2 1454
924 Laurel St Detached $360,000 3 2 1965
5456 Willow Ct Attached $469,000 3 2.5 2423
17125 Fernwood Dr Detached $478,000 3 3 2688
4545 Dogwood Dr Detached $499,500 3 2 2483
6122 Carman Dr Detached $525,000 4 2 1508
3435 Lake Grove Ave Detached $619,900 4 3 2618
18994 Bryant Rd Detached $699,000 4 2.5 3146
13520 Knaus Rd Detached $699,000 4 3 2641
13900 Goodall Rd Detached $1,299,000 5 3.5 4282
13050 Knaus Rd Detached $1,395,000 4 3.5 4821
16743 Graef Circle Detached $1,495,000 4 2.5 3772

PENDING SALES (Sept 30-Oct 6, 2013)

Address Type Price BR Baths SF DOM
284 Cervantes Circle Condo $100,000 2 2 1052 238
70 Galen St Condo $105,000 2 1 923 231
5225 Jean Rd #401 Condo $129,900 2 2 1080 153
220 Cervantes #c Condo $185,000 2 2 1378 12
6 Oriole Ln Condo $265,000 3 2.5 1539 6
765 Maple Ln Detached $335,000 3 2 1998 68
4361 Albert Circle Detached $429,900 3 2.5 2472 19
1 Hidalgo St Detached $448,500 3 2.5 2489 97
2727 Glen Haven Rd Detached $449,900 3 2 2518 3
13008 Rodgers Rd Detached $479,000 4 2.5 2448 116
14058 Chatham Ct Detached $519,900 3 2.5 2235 4
13250 Sandalwood Ct Detached $539,000 3 2.25 2842 1154
622 Carrera Ln Detached $899,000 4 4.5 5446 84
15411 Village Dr Detached $899,900 4 3.5 3809 7
686 8th St Detached $995,000 4 3 3200 40

SOLD (Sept 30-Oct 6, 2013)

Address Type List Price Closed Price Sq Ft CDOM
668 McVey Ave #15 Condo $117,000 $116,000 636 1
3864 Botticelli St Condo $174,950 $172,000 1132 4
5051 Foothills Dr E Condo $189,900 $190,000 991 6
16616 Lake Forest Blvd Detached $229,000 $209,000 1,056 2
668 McVey Ave Condo $210,000 $210,000 852 1
18420 Don Lee Way Detached $255,000 $243,000 924 68
200 Burnham Rd #209 Condo $295,000 $280,000 1305 28
1274 Hallinan Circle Detached $339,900 $339,900 1337 1
668 McVey Ave #32 Condo $379,000 $360,000 992 24
4286 Orchard Way Detached $478,500 $443,500 1998 73
429 10th St Detached $495,000 $448,786 2280 25
33 Spinosa Detached $459,000 $450,000 2215 60
303 Lake Bay Ct Detached $485,000 $457,400 1560 95
2234 Fernwood Circle Detached $499,900 $460,000 3000 175
32 Westridge Dr Detached $579,900 $499,900 3653 158
5501 Rachel Ln Detached $749,888 $640,000 3509 304
17900 Greenbluff Dr Detached $850,000 $725,000 4210 211
817 Hoodview Ln Detached $769,000 $735,000 3446 30
14635 Uplands Dr Detached $819,000 $799,000 3941 56

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity ~ Sept 23-29, 2013

Wow!  We have been having some crazy Fall weather!  Thunderstorms, downpours, and then sun returning later this week.

Even with all that, last week shows steady activity, albeit slowing a little as we’d expect. RMLS shows 14 New properties entering the market, 11 moving to Pending status, and 15 that “Closed”/Sold.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Sept 23-29, 2013):

Address List Price # Beds # Baths Total SF Prop Type
14 CRESTFIELD CT $75,000 1 1 550 CONDO
4000 Carman #88 $117,000 2 2 836 CONDO
174 OSWEGO SMT #174 $199,000 2 2 1506 CONDO
6 ORIOLE LN $265,000 3 2.1 1539 DETACHD
1261 BOCA RATAN DR $270,000 3 2 1611 ATTACHD
1287 ROCKINGHORSE LN $479,000 3 2 1686 DETACHD
14010 MAJESTIC CT $499,500 3 2 2913 DETACHD
5353 FIRWOOD RD $579,500 3 2 2292 DETACHD
5831 SUNCREEK DR $659,900 4 2.1 2865 DETACHD
6457 MCDUFF CT $725,000 4 3.1 3120 DETACHD
15411 VILLAGE DR $899,900 4 3.1 3809 DETACHD
583 2ND ST $1,250,000 2 2.1 2304 CONDO
800 TERRACE DR $1,349,900 5 4.1 5166 DETACHD
13571 GOODALL RD $1,849,000 4 4.1 5725 DETACHD

PENDING SALES (Sept 23-29, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13 CRESTFIELD CT $69,900 1 0.1 550 CONDO 323
86 KINGSGATE RD #27 $107,500 2 2 938 CONDO 6
5998 SHAKESPEARE ST $229,000 3 1 1227 DETACHD 5
4 WHEATHERSTONE $326,900 3 2.1 1692 CONDO 29
5103 MADRONA ST $349,900 2 2 1329 DETACHD 29
4711 REMBRANDT LN $399,900 3 2.1 2050 DETACHD 8
895 YORK RD $450,000 3 2 1924 DETACHD 39
4979 BILFORD LN $467,590 3 2.1 2200 DETACHD 7
4848 HASTINGS DR $535,000 3 2.1 2174 DETACHD 1
246 GREENWOOD RD $549,900 3 3 1899 DETACHD 73
17600 UPPER CHERRY LN $998,000 4 3.1 3900 DETACHD 171

SOLD (Sept 23-29, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
57 GALEN ST $69,900 $75,000 1 1 689 CONDO 59
37 CRESTFIELD CT $99,000 $95,000 2 1 923 CONDO 172
18011 TUALATA AVE $200,000 $205,000 3 2 1050 DETACHD 9
6263 WASHINGTON CT $305,000 $285,500 4 3 2826 DETACHD 19
14854 TWIN FIR RD $310,000 $305,000 3 2 1287 DETACHD 52
600 TIPPECANOE CT $359,000 $349,000 3 2 1812 DETACHD 51
13395 VERMEER DR $439,000 $400,000 3 2.1 2461 DETACHD 75
19424 OLSON AVE $525,000 $520,000 4 2.1 2777 DETACHD 5
13432 ROGERS RD $675,000 $660,000 3 2.1 3454 DETACHD 28
5623 GRAND OAKS DR $699,000 $675,000 4 2.1 3323 DETACHD 15
17160 Kelok RD $699,000 $675,000 4 4 4650 DETACHD 10
2833 RIVENDELL RD $718,000 $698,000 4 2.1 2932 DETACHD 72
5405 CHILDS RD $1,095,000 $910,000 4 3.1 4402 DETACHD 298
17912 KELOK RD $919,000 $926,872 5 3 3007 DETACHD 0
12210 ORCHARD HILL RD $1,495,000 $1,300,000 4 3.2 4640 DETACHD 67

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

August activity was slightly down from July, but still very much improved from August of 2012.

According to the RMLS Market Action Report for the Portland Metro Area  August, 2013:

  • At 2,623, August Closed Sales were a 5.2% down from July’s 2,766, and/but represent the best the best August for Closed Salws since 2009!
  • There were 3,423 New Listings in August. This was a decrease of 11.7% from July, and an increase of 10.5% over August of 2012.
  • The Average Sale Price in August was $321,900, down from $326,500 in July 2013.
  • Pending Sales (accepted offers) dropped slightly from July 2013’s total of 2,738  to 2,614 in August.

The combined areas of Lake Oswego and West Linn  for August reported :

    • 568 Active Listings
    • 206 New Listings
    • 130Pending Sales
    • 125 Closed Sales
    • An average Sale Price of $548,600.
    • Average Time on the Market: 75Days
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Market Activity Sept 16-22, 2013

Along with some fantastic, blustery fall weather, last week brought us 19 new listings, 18 pending sales, and 10 closed sales.

Here is the breakdown of activity according to RMLS:

NEW LISTINGS (Sept 16-22, 2013):

Address Type Price BR Bths SF
143 Oswego Summit Condo $146,000 2 2 1212
220 Cervantes Condo $185,000 2 2 1378
5850 Kennycroft Way Detached $200,000 3 1.5 1296
4418 Thundervista Ln Condo $239,000 3 2.5 2040
3285 SW Childs Rd Detached $375,000 4 3 2780
4711 Rembrandt Ln Detached $399,900 3 2.5 2050
1528 Cedar St Detached $449,900 3 2 2080
4361 Albert Circle Detached $449,900 3 2.5 2472
2719 Greentree Rd Detached $457,000 5 3.5 3886
4979 Bilford Ln Detached $467,590 3 2.5 2200
101 3rd St Condo $474,900 3 2 1447
619 Clara Ct Detached $485,000 4 2.5 2958
5602 Southwood Dr Detached $498,900 4 2.5 2636
1448 Cedar St Detached $500,000 4 3 2544
179973 Saint Clair Dr Detached $565,000 4 3 3323
4728 Lakeview Blvd Detached $609,900 5 3.5 2838
3752 Tempest Dr Detached $659,000 4 2.5 3353
13052 Knaus Rd Detached $789,000 4 3 3026
77 Garibaldi Detached $895,000 4 2.5 3515

PENDING SALES (Sept 16-22, 2013)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #41 Condo $105,000 2 1.5 822 57
86 Kingsgate Rd #27 Condo $107,500 2 2 938 1
482 S State St #3B Condo $149,000 2 1 1659 149
5225 Jean Rd #306 Attached $170,000 2 2 1400 147
3433 McNary Pdwy #504 Condo $174,700 2 2.5 1136 43
12808 Boones Ferry Rd Condo $264,000 3 2.5 1174 76
837 Country Club Rd Detached $349,000 4 3 1729 96
13043 Rogers Rd Detached $479,000 3 2 2213 3
4860 10th St Detached $479,500 4 3 2280 25
17393 Grandview Ct Detached $539,000 4 3.5 3672 243
2103 Ridgewood Rd Detached $550,000 3 2 1648 71
14 Del Prado St Detached $599,999 5 3.5 4094 115
2322 Stonehurst Ct Detached $600,000 4 2.5 3602 378
19201 Maree Ct Detached $629,000 5 2.5 4070 153
4114 Casey Ct Detached $700,000 4 2.5 3405 44
547 Middlecrest Rd Detached $730,000 2 2.5 1888 116
19575 35th Ct Detached $1,135,000 4 3 6081 43
4860 Centerwood St Detached $479,000 5 2.5 2533 64

SOLD (Sept 16-22, 2013)

Address Type List Price Closed Price Sq Ft CDOM
205 Cervantes #205 Condo $130,000 $122,050 1216 212
4302 Botticelli St #2 Condo $243,900 $211,500 2298 105
5152 Lakeview Blvd Detached $250,000 $250,000 1393 0
3616 Lake Grove Ave Detached $319,000 $319,000 1,150 0
5195 Firwood Rd Detached $395,000 $356,000 1926 80
5051 W Sunset Dr Attached $375,000 $370,000 1734 7
621 Country Club Rd Detached $449,000 $400,000 3303 391
16 Aquinas St Detached $400,000 $400,000 1658 1
1075 Chandler Rd Detached $1,495,000 $1,315,000 5710 148
1475 Chandler Rd Detached $1,595,000 $1,330,000 4515 205

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity ~ Sept 9-15, 2013

Last week shows 13 New properties entering the market, 20 moving to Pending status, and 12 that “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

NEW SALES (Sept 9-15, 2013):

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY $13 $85,900 1 1 617 CONDO
24 CONDOLEA DR / Grnd $258,000 2 2 1500 CONDO
6397 MCEWAN RD $295,000 3 2 1008 DETACHD
16275 WALUGA DR $350,000 3 3 2677 DETACHD
15684 BOONES WAY $449,000 3 2.1 2520 DETACHD
1 PREAKNESS CT $525,000 4 3 2373 DETACHD
13060 ELK ROCK RD $550,000 4 3 3581 DETACHD
15885 WHITE OAKS DR $600,000 4 2.1 2802 DETACHD
14412 MEADOW GRASS ST $619,900 5 2.1 3259 DETACHD
13374 HIDDEN BAY CT $699,000 4 2.1 3520 DETACHD
1920 GLENMORRIE DR $859,000 3 3.1 4370 DETACHD
615 9th ST $889,000 4 2.1 2782 DETACHD
17322 CEDAR RD $1,149,500 4 4.1 3370 DETACHD

PENDING SALES (Sept 9-15, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE #15 $117,000 1 1 636 CONDO 1
44 EAGLE CREST DRn #1 $128,000 2 1 908 CONDO 29
159 OSWEGO SUMMIT / Upper $199,000 2 2 1506 CONDO 103
5056 FOOTHILLS DR #D $229,900 2 2 1252 CONDO 195
16291 LAKE FOREST BLVD $239,950 2 1 762 DETACHD 118
17650 DEEMAR WAY $310,000 4 2 1375 DETACHD 31
11 SAINT HELENS CIR $325,000 3 2.1 1904 DETACHD 82
17833 CENTRAL AVE $339,000 3 2 1533 DETACHD 25
1023 LUND ST $375,000 4 2.1 2313 DETACHD 70
18971 Indian Springs CIR $375,000 3 2 1525 DETACHD 93
574 2ND ST #4 $378,500 2 2.1 1394 CONDO 4
668 MCVEY AVE #32 $379,000 3 1.1 992 CONDO 24
6236 WAYZATA CT $387,500 5 2.1 2752 DETACHD 106
2188 OVERLOOK DR $464,900 4 2.1 2594 DETACHD 130
4890 SAGE HEN CIR $474,900 4 2.1 2832 DETACHD 335
17778 MARYLCREEK DR $489,900 3 2.1 2741 DETACHD 28
4836 HASTINGS DR $630,000 4 2.1 2855 DETACHD 32
5501 RACHEL LN $649,500 4 2.2 3509 DETACHD 304
1475 CHANDLER RD $1,485,000 5 4.1 4515 DETACHD 205

SOLD (Sept 9-15, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #48 $75,000 $73,800 1 1 696 CONDO 1
668 MCVEY AVE #82 $172,000 $172,000 2 1.1 992 CONDO 34
5966 WASHINGTON CT $229,000 $225,000 3 1.1 1445 DETACHD 5
26 CONDOLEA DR / Main $225,000 $235,500 2 2 1420 CONDO 2
4328 BOTTICELLI ST $259,900 $250,000 2 2.1 2260 CONDO 13
4260 SOUTHSHORE BLVD $319,000 $294,000 2 2 1268 DETACHD 87
4 SAINT HELENS CIR $319,900 $315,000 3 2 1617 DETACHD 25
845 LAKE FOREST DR $399,000 $403,250 3 1 1359 DETACHD 0
2094 SUMMIT DR $698,000 $425,000 4 3.1 3510 DETACHD 156
16878 GASSNER LN $499,000 $480,000 4 2 2998 DETACHD 37
17450 TREETOP WAY $599,950 $520,000 5 3 3752 DETACHD 114
642 8TH ST $949,900 $930,000 4 2.2 3293 DETACHD 220

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity Sept 2-8, 2013

Last week’s real estate activity remained strong in Lake Oswego with more homes selling than came onto the market. There were 14 new listings, 18 homes that received accepted offers, and 9 closed sales.

Here is the breakdown of activity according to RMLS:

NEW SALES (Sept 2-8, 2013):

Address Type Price BR Bths SF
47 Crestfield Ct Condo $100,000 2 1.5 923
45 Eagle Crest Dr #409 Condo $150,000 2 2 1214
15495 Brianne Ct Attached $235,000 2 2.5 1292
15056 Reese Rd Detached $329,500 3 2 1667
5077 W Sunset Dr Attached $359,000 2 2.5 1720
643 2nd ST Attached $425,000 2 2 1457
1645 Cloverleaf Rd Detached $429,900 3 3 2494
15481 Tanager Dr Detached $439,000 3 2.5 2064
17988 Rebecca Ln Detached $549,900 5 3 2554
18682 Westview Dr Detached $745,000 5 3 3243
3300 River Woods Pl Detached $765,000 3 2.5 3642
4948 Hampton Ct Detached $949,000 2 3.5 3450
17700 Lake Haven Dr Detached $1,579,900 4 3.5 4006
2786 Glenmorrie Dr Detached $1,600,000 5 4.5+.5 6095

PENDING SALES (Sept 2-8, 2013)

Address Type Price BR Baths SF DOM
205 Cervantes #205 Condo $119,950 2 1.5 1216 212
4 Touchstone #119 Attached $144,900 3 2.5 1351 7
668 McVey Ave Condo $210,000 2 1 852 1
18420 Don Lee Way Detached $255,000 3 1 924 68
5432 Kenny St Detached $269,000 3 1 1352 96
6420 McEwan Rd Detached $269,900 3 2 1220 17
95 Kingsgate Rd Detached $299,000 3 2.5 1669 3
16901 Lakeridge Dr Detached $324,000 4 3 2080 235
5103 Madrona St Detached $349,900 2 2 1329 9
4271 Woodside Circle Attached $360,000 3 2 2126 24
14372 Camden Ln Detached $439,000 3 2.5 2348 7
12l92 Hide A Way Ln Detached $525,000 4 2.5 2229 38
5052 Woodcrest Ln Lot 12 Detached $675,000 4 3.5 3340 111
832 Hoodview Ln Detached $699,000 4 2 2456 10
17878 Hillside Dr Detached $754,900 5 3 3594 1
16805 Scott Ct Detached $868,000 4 3.5 4321 231
4540 Lamont Way Detached $899,950 4 2.5 3555 58
1075 Chandler Rd Detached $1,399,900 5 4.5 5710 148

SOLD (Aug 26-Sept 1, 2013)

Address Type List Price Closed Price Sq Ft CDOM
44 Eagle Crest Dr #29 Condo $134,900 $135,000 798 34
750 1st ST A7 Condo $164,900 $176,000 1350 17
85 Laurel St Detached $360,000 $350,000 2820 102
20 Walking Woods Dr Detached $475,000 $430,000 3,144 100
785 9th ST Detached $450,000 $527,000 2477 67
5670 Charles Circle Detached $650,000 $625,000 3070 25
13801 Knaus Rd Detached $1,198,000 $950,000 2500 47
17485 Cardinal Dr Detached $1,325,000 $1,175,000 3307 105
1131 Northshore Rd Detached $1,280,000 $1,222,500 3850 57

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity ~ Aug 26-Sept 1, 2013

Lots of folks finishing up the traditional “summer” with real estate purchases.

Last week shows 14 New properties entering the market, 26 moving to Pending status, and 16 that “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 26-Sept 1, 2013):

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #119 $144,900 3 2.1 1351 ATTACHD
15240 BOONES WAY $174,500 2 2 1180 CONDO
16250 PACIFIC HWY #64 $249,000 2 2 1305 CONDO
6380 WASHINGTON CT $339,000 3 2 1720 DETACHD
5103 MADRONA ST $349,900 2 2 1329 DETACHD
14372 CAMDEN LN $439,000 3 2.1 2348 DETACHD
855 YORK RD $464,500 4 3 2144 DETACHD
3200 UPPER DR $469,500 4 3 2543 DETACHD
3075 TOLKIEN LN $675,000 3 2.1 2667 DETACHD
832 HOODVIEW LN $699,000 4 2 2456 DETACHD
1623 GLENMORRIE DR $963,000 5 4.1 5894 DETACHD
931 Atwater RD $1,479,000 4 4.1 4764 DETACHD
2950 WEMBLEY PARK RD $2,295,000 4 5.1 6329 DETACHD

PENDING SALES (Aug 26-Sept 1, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13 CRESTFIELD CT $69,000 1 0.1 550 CONDO 292
57 GALEN ST $69,900 1 1 689 CONDO 59
100 KERR PKWY #41 $105,000 2 1.1 822 CONDO 37
668 MCVEY AVE #82 $172,000 2 1.1 992 CONDO 34
5051 FOOTHILLS DR #E $189,900 2 2 991 CONDO 6
5836 SW LAKEVIEW CT $195,000 3 1 1296 DETACHD 81
45 EAGLE CREST DR #522 $219,900 3 2 1348 CONDO 38
4302 BOTTICELLI ST #2 $235,000 3 3.1 2298 CONDO 105
200 BURNHAM RD #209 $295,000 2 2 1305 CONDO 28
4221 COBB WAY $299,900 3 2 1724 DETACHD 3
14854 TWIN FIR RD $310,000 3 2 1287 DETACHD 52
4 WHEATHERSTONE #2 $326,900 3 2.1 1692 CONDO 6
1284 ROCKINGHORSE LN $395,000 4 2 1852 DETACHD 22
621 COUNTRY CLUB RD $400,000 4 2.1 3303 DETACHD 391
13395 VERMEER DR $424,000 3 2.1 2461 DETACHD 75
4286 ORCHARD WAY $454,900 3 2 1998 DETACHD 73
17140 WALL ST $455,000 4 3 3711 DETACHD 6
1501 KOAWOOD DR $465,000 4 3 2993 DETACHD 42
2234 FERNWOOD CIR $474,900 4 3 3000 DETACHD 175
6 HILLSHIRE DR $499,000 5 3 3254 DETACHD 60
32 WESTRIDGE DR $499,900 4 2.2 3653 DETACHD 158
817 HOODVIEW LN $769,000 5 3 3446 DETACHD 30
17912 KELOK RD $919,000 5 3 3007 DETACHD 0
18024 SKYLAND CIR $969,000 3 3.2 3960 DETACHD 136
3149 DOUGLAS CIR $1,099,800 5 3.2 5237 DETACHD 443

SOLD (Aug 26-Sept 1, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #126 $115,000 $117,000 2 2 984 CONDO 116
13 ERASMUS ST $234,900 $216,500 2 2.1 1434 ATTACHD 87
4458 THUNDER VISTA LN $225,000 $225,000 2 2.1 2200 CONDO 36
1706 BOCA RATAN DR $285,000 $280,000 3 2.1 1739 ATTACHD 2
23 MOUNTAIN CIR $289,900 $295,000 2 2 1363 DETACHD 18
1223 HEMLOCK ST $285,000 $295,000 2 1 748 DETACHD 2
46 GREENRIDGE CT $295,000 $300,900 3 2.1 2136 CONDO 9
4779 HERITAGE LN $429,000 $407,500 3 2 2121 DETACHD 26
16966 SUMMER PL $525,000 $513,000 4 2.1 3065 DETACHD 30
4755 AVERY LN $599,000 $595,000 4 2.1 2735 DETACHD 1
1535 LARCH ST $575,000 $605,000 4 3 2712 DETACHD 5
524 WEIDMAN CT $629,000 $605,000 4 2.1 3450 DETACHD 262
18217 DELENKA LN $689,000 $650,000 4 3 4171 DETACHD 53
17903 UPPER CHERRY LN $924,000 $839,000 4 2.1 3912 DETACHD 33
2500 GLEN EAGLES RD $2,295,000 $2,050,000 5 4.1 5565 DETACHD 104

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity Aug 19-25, 2013

Here is last week’s real estate activity for Lake Oswego:
20 newly listed properties
17 properties with offers accepted
12 properties that closed and are officially sold.

I would also like to pay tribute to Martin Luther King, a great man who 50 years ago showed us the meaning of freedom. He was a truly great American.

Martin Luther King August 28, 1963
Martin Luther King
August 28, 1963

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 19-25, 2013):

Address Type Price BR Bths SF
5051 Foothills Dr E Condo $189,900 2 2 991
200 Burnham Rd #406 Condo $199,999 2 1 1199
4221 Cobb Way Detached $299,900 3 2 1724
16200 Pacific Hwy #10 Condo $310,000 2 2 1190
4185 Childs Rd Detached $319,900 3 1.5 1175
4 Wheatherstone #2 Condo $326,900 3 2.5 1692
4990 Oakridge Rd Detached $329,000 3 2 1700
17833 Central Ave Detached $339,000 3 2 1533
1602 Greentree Rd Detached $412,500 3 2 1708
17140 Wall St Detached $455,000 4 3 3711
6187 Frost Ln Detached $459,000 4 2.5 2149
915 Bullock St Detached $475,000 4 3 2986
895 York Rd Detached $479,000 3 2 1924
13930 Majestic Ct Detached $495,000 3 2.5 2956
429 10th St Detached $495,000 4 3 2280
1500 Eastview Ct Detached $649,000 4 3.5 3946
1805 Glenmorrie Terrace Detached $798,000 3 2.5 2640
18499 Old River Dr Detached $819,000 4 3.5 4020
18025 Skyland Circle Detached $1,199,000 4 4.5+.5 5379
1032 Westward Ho Rd Detached $1,999,000 4 3.5 3404

PENDING SALES (Aug 19-25, 2013)

Address Type Price BR Baths SF DOM
45 Eagle Crest Dr #204 Condo $104,900 1 1 768 2
3978 Carman Dr Attached $169,900 2 2.5 1098 3
3864 Botticelli St Condo $174,950 2 1.5 1132 4
1280 Oak Terrace Detached $274,900 3 2 1990 43
3616 Lake Grove Ave Detached $319,000 3 2 1150 0
5195 Firwood Rd Detached $359,000 3 3 1926 80
85 Laurel St Detached $360,000 4 3 2820 102
16 Aquinas St Detached $400,000 3 2.5 1658 1
720 Pebble Beach Ct Detached $405,000 4 2.5 1957 2
908 Cumberland Pl Detached $439,500 4 3 2715 73
5272 Tualata Ln Detached $500,000 4 3 2529 67
14101 Redwood Ct Detached $605,000 3 3.5 2629 8
13432 Rogers Rd Detached $675,000 3 2.5 3454 28
2833 Rivendell Rd Detached $698,000 4 2.5 2932 72
5623 Grand Oaks Dr Detached $699,000 4 2.5 3323 15
17160 Kelok Rd Detached $699,000 4 4 4650 10
12210 Orchard Hill Rd Detached $1,495,000 4 3.5+.5 4640 67

SOLD (Aug 19-25, 2013)

Address Type List Price Closed Price Sq Ft CDOM
18545 Kristi Way Detached $279,000 $265,000 1307 2
1129 Cherry Ln Detached $379,900 $320,000 2421 91
31 Oriole Ln Detached $375,000 $355,000 1968 38
16200 Terrace Dr Detached $400,000 $430,000 2,085 2
980 Cumberland Place Detached $475,000 $475,000 2791 7
5482 Bay Creek Dr Detached $564,900 $552,878 2554 5
4860 Hastings Dr Detached $645,000 $630,000 2942 21
17692 Woodhurst Pl Detached $789,000 $748,290 3890 24
14100 Taylors Crest Ln Detached $850,000 $820,000 4087 43
3720 Marquis Ct Detached $885,000 $835,000 4795 122
481 9th St Detached $879,000 $879,000 2813 3
17809 Kelok Rd Detached $1,249,000 $1,268,000 3700 22

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity ~ Aug 12-18, 2013

Great action in Lake Oswego. Summertime interest continues.

Last week shows 20 New properties entering the market, 11 moving to Pending status, and 20 that “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 12-Aug 18, 2013):

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #104 $127,500 3 2.1 1351 CONDO
3433 MCNARY PKWY #702 $167,500 2 2.1 1136 CONDO
3864 SW BOTTICELLI ST $174,950 2 1.1 1132 CONDO
6420 MCEWAN RD $279,900 3 2 1220 DETACHD
668 MCVEY AVE #32 $379,000 3 1.1 992 CONDO
16775 WESTVIEW DR $389,000 3 2.1 1830 DETACHD
17273 BRYANT RD $399,000 3 1.1 1432 DETACHD
67 TANGLEWOOD DR $434,900 4 2.1 3068 DETACHD
18281 WOOD THRUSH CIR $459,500 4 2.1 2240 DETACHD
17778 MARYLCREEK DR $499,900 3 2.1 2741 DETACHD
830 4TH ST $545,000 3 2 1690 DETACHD
4836 HASTINGS DR $630,000 4 2.1 2855 DETACHD
17160 Kelok RD $699,000 4 4 4650 DETACHD
53 D AVE $725,000 3 3 2610 DETACHD
1055 COUNTRY CLUB RD $799,900 2 2 2908 DETACHD
2023 Ridgewood RD $969,000 4 2.1 4340 DETACHD
17375 RIDGEVIEW CT $995,000 4 3.1 4065 DETACHD
17342 RIDGEVIEW CT $1,250,000 4 3.1 4240 DETACHD
14050 GOODALL RD $1,675,000 5 4.2 6834 DETACHD

PENDING SALES (Aug 12-Aug 18, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3836 BOTTICELLI ST $129,000 2 2 1055 ATTACHD 315
26 CONDOLEA DR $225,000 2 2 1420 CONDO 2
16616 LAKE FOREST BLVD $229,000 2 1 1056 DETACHD 2
1129 CHERRY LN $319,900 4 2.1 2421 DETACHD 91
4 SAINT HELENS CIR $319,900 3 2 1617 DETACHD 25
1274 HALLINAN CIR $339,900 3 2 1337 DETACHD 1
1520 ASH ST $399,900 2 1 1200 DETACHD 10
18 INDEPENDENCE AVE $459,000 4 3 3714 DETACHD 6
5272 TUALATA LN $500,000 4 3 2529 DETACHD 59
45 AQUINAS ST $554,000 3 2.1 2981 DETACHD 62
15203 LILY BAY CT $600,000 4 2.1 3219 DETACHD 1

SOLD (Aug 12-Aug 18, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE #14 $119,900 $117,000 1 1 636 CONDO 2
4420 BERNARD ST $385,000 $385,000 3 2.1 1835 DETACHD 0
29 MORNINGVIEW CIR $440,000 $440,000 3 2.1 2280 DETACHD 3
31 WALKING WOODS DR $450,000 $442,400 4 3 2889 DETACHD 19
15 SPINOSA $459,900 $449,000 3 3 2300 DETACHD 81
18781 INDIAN CREEK WAY $455,000 $460,000 4 2.1 2355 DETACHD 3
18442 DEERBRUSH AVE $479,000 $465,000 4 2.1 2550 DETACHD 40
9 BERNINI CT $515,000 $493,000 3 2.1 3166 DETACHD 18
14066 CHATHAM CT $574,900 $568,300 5 2.1 2800 DETACHD 6
19318 RIVERWOOD LN #LOT 8W $611,451 $613,887 5 4 3110 DETACHD 0
13680 KNAUS RD $749,000 $730,000 3 2.1 3006 DETACHD 57
5676 SUNCREEK DR $819,900 $775,000 4 3.1 3312 DETACHD 102
15559 VILLAGE DR $900,000 $895,000 4 2.1 3458 DETACHD 0
588 9TH ST $795,000 $962,222 4 2.1 2741 DETACHD 42
792 5TH ST $1,195,000 $1,050,000 4 4.1 4379 DETACHD 21
18520 DELENKA LN $1,299,000 $1,235,000 4 4 5986 DETACHD 381
17900 CRESTLINE DR $1,699,000 $1,445,000 5 3.1 4738 DETACHD 212
693 TERRACE DR $1,898,000 $1,750,000 4 3 3296 DETACHD 282
1505 LAKE FRONT RD $2,250,000 $2,100,000 4 3.1 4927 DETACHD 54

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

July numbers were very good, mostly “up” and much better than the trend we saw from May to June.

According to the RMLS Market Action Report for the Portland Metro Area June, 2013:

  • At 2,766, July Closed Sales were a 10.2% increase from June’s 2,500, and a big jump over July 2012’s total of 1,973.
  • There were 3,877 New Listings in July. This was an increase of 3.4% from June, and an increase of 22.6% over July of 2012.
  • The Average Sale Price in July was $326,500, up $12,600. from $313,900 in June 2013.
  • Pending Sales (accepted offers) dropped slightly from June 2013’s total of 2,804  to 2,738  in July.

For our Property Blotter readers, the numbers for the combined area of Lake Oswego and West Linn  were up in all but one categories (last month Pendings were at 152 : ):

    • 561 Active Listings
    • 245 New Listings
    • 150Pending Sales
    • 183 Closed Sales
    • An average Sale Price of $525,300.
    • Average Time on the Market: 88Days